2 minute read

Why You Should Get a Local IBAN

Learn the benefits of a local IBAN for easier international transactions, especially for expats and digital nomads.

17 September 2024

The life of a digital nomad is filled with excitement and adventure. You have the opportunity to explore new cultures, meet new people, and experience the world from a unique perspective. Managing your finances across different countries shouldn’t hold you back—with a Local IBAN, you can focus on what truly matters: making the most of every moment.

What is an IBAN?

An International Bank Account Number (IBAN) is a standardized system for identifying bank accounts across international borders. Think of it as your bank account’s global passport, enabling you to send and receive money anywhere in the world.

This is where a Local IBAN comes into play. Having a Local IBAN allows you to perform transactions as if you were a resident of a particular country, making it easier to receive payments, pay bills, and manage your money without unnecessary hassles or fees.

Why is a Local IBAN Important for Digital Nomads and Expats?

When you’re living abroad or constantly on the move, managing your finances can become a challenging task. A Local IBAN simplifies this by streamlining your banking experience and improving your overall financial efficiency.

With a Local IBAN, setting up recurring payments—like rent or utilities—becomes effortless. Moreover, many employers prefer to pay into a local bank account, which can make managing your income smoother if you’re working while traveling.

Introducing bunq: Your Local IBAN Solution

bunq is designed with the unique needs of digital nomads and expats in mind. That’s why we offer you the freedom and flexibility you need across Europe. With bunq, you can obtain Local IBANs for the following countries:

  • Netherlands (NL)

  • Germany (DE)

  • Spain (ES)

  • France (FR)

  • Ireland (IE)

How bunq Makes Life Easy

Whether you’re renting an apartment in Berlin, setting up utility bills in Barcelona, or getting paid for freelance work in France, bunq has you covered. Our Local IBAN feature gives you a bank account number that works just like a local one, no matter where you are.

  • No More High Fees: Say goodbye to expensive international transfer fees. With a Local IBAN, you can make transactions just like a local.

  • Easy and Seamless Payment: Receive payments from clients and employers without delays or complications. Plus, paying your rent, utilities, and other local expenses with ease.

  • Global Freedom: Travel and work anywhere in Europe without worrying about banking restrictions.

  • Local Currencies: Always on the move? You can also open Bank Accounts in 22 local currencies directly from the app. Need to pay in a currency we don’t support yet? Get the best exchange rate with ZeroFX.

Conclusion

In today’s fast-paced, globally connected world, having a reliable and flexible banking solution is essential for digital nomads and expats. With bunq’s Local IBAN feature, you can manage your money effortlessly across Europe. So why wait? Get started with bunq today and experience hassle-free banking like never before.

The life of a digital nomad is filled with excitement and adventure. You have the opportunity to explore new cultures, meet new people, and experience the world from a unique perspective. Managing your finances across different countries shouldn’t hold you back—with a Local IBAN, you can focus on what truly matters: making the most of every moment.

What is an IBAN?

An International Bank Account Number (IBAN) is a standardized system for identifying bank accounts across international borders. Think of it as your bank account’s global passport, enabling you to send and receive money anywhere in the world.

This is where a Local IBAN comes into play. Having a Local IBAN allows you to perform transactions as if you were a resident of a particular country, making it easier to receive payments, pay bills, and manage your money without unnecessary hassles or fees.

Why is a Local IBAN Important for Digital Nomads and Expats?

When you’re living abroad or constantly on the move, managing your finances can become a challenging task. A Local IBAN simplifies this by streamlining your banking experience and improving your overall financial efficiency.

With a Local IBAN, setting up recurring payments—like rent or utilities—becomes effortless. Moreover, many employers prefer to pay into a local bank account, which can make managing your income smoother if you’re working while traveling.

Introducing bunq: Your Local IBAN Solution

bunq is designed with the unique needs of digital nomads and expats in mind. That’s why we offer you the freedom and flexibility you need across Europe. With bunq, you can obtain Local IBANs for the following countries:

  • Netherlands (NL)

  • Germany (DE)

  • Spain (ES)

  • France (FR)

  • Ireland (IE)

How bunq Makes Life Easy

Whether you’re renting an apartment in Berlin, setting up utility bills in Barcelona, or getting paid for freelance work in France, bunq has you covered. Our Local IBAN feature gives you a bank account number that works just like a local one, no matter where you are.

  • No More High Fees: Say goodbye to expensive international transfer fees. With a Local IBAN, you can make transactions just like a local.

  • Easy and Seamless Payment: Receive payments from clients and employers without delays or complications. Plus, paying your rent, utilities, and other local expenses with ease.

  • Global Freedom: Travel and work anywhere in Europe without worrying about banking restrictions.

  • Local Currencies: Always on the move? You can also open Bank Accounts in 22 local currencies directly from the app. Need to pay in a currency we don’t support yet? Get the best exchange rate with ZeroFX.

Conclusion

In today’s fast-paced, globally connected world, having a reliable and flexible banking solution is essential for digital nomads and expats. With bunq’s Local IBAN feature, you can manage your money effortlessly across Europe. So why wait? Get started with bunq today and experience hassle-free banking like never before.

Share this article

Find your perfect fit

Personal

Business

Easy Card icon
Easy Card

Free

Get an international credit card in less than 5 minutes. Add it to Apple/Google Pay and start making payments today.

Easy Savings icon
Easy Savings

Free

Get a Savings Account and start growing your money faster with 3.36%* interest. No minimum deposit is required!

Easy Bank icon
Easy Bank

€3.99/month

Everything you expect from a mobile bank, and more. Open a bank account in just 5 minutes with your phone and ID.

Easy Bank Pro icon
Easy Bank Pro

€9.99/month

Enjoy full control over your money wherever you go, with true borderless banking, easy budgeting, powerful cards, and much more.

Easy Bank Pro XL icon
Easy Bank Pro XL

€18.99/month

Discover the full power of mobile banking, with worldwide Travel Insurance, priority support and more trees planted when using your card.

Find your perfect fit

Personal

Business

Easy Card icon
Easy Card

Free

Get an international credit card in less than 5 minutes. Add it to Apple/Google Pay and start making payments today.

Easy Savings icon
Easy Savings

Free

Get a Savings Account and start growing your money faster with 3.36%* interest. No minimum deposit is required!

Easy Bank icon
Easy Bank

€3.99/month

Everything you expect from a mobile bank, and more. Open a bank account in just 5 minutes with your phone and ID.

Easy Bank Pro icon
Easy Bank Pro

€9.99/month

Enjoy full control over your money wherever you go, with true borderless banking, easy budgeting, powerful cards, and much more.

Easy Bank Pro XL icon
Easy Bank Pro XL

€18.99/month

Discover the full power of mobile banking, with worldwide Travel Insurance, priority support and more trees planted when using your card.

Find your perfect fit

Personal

Business

Easy Card icon
Easy Card

Free

Get an international credit card in less than 5 minutes. Add it to Apple/Google Pay and start making payments today.

Easy Savings icon
Easy Savings

Free

Get a Savings Account and start growing your money faster with 3.36%* interest. No minimum deposit is required!

Easy Bank icon
Easy Bank

€3.99/month

Everything you expect from a mobile bank, and more. Open a bank account in just 5 minutes with your phone and ID.

Easy Bank Pro icon
Easy Bank Pro

€9.99/month

Enjoy full control over your money wherever you go, with true borderless banking, easy budgeting, powerful cards, and much more.

Easy Bank Pro XL icon
Easy Bank Pro XL

€18.99/month

Discover the full power of mobile banking, with worldwide Travel Insurance, priority support and more trees planted when using your card.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.